White House Crypto Council Director Says Operating Without Market Rules Is ‘Fantasy’
The White House Crypto Council Director emphasized that operating in the cryptocurrency market without established regulations is unrealistic. He argued that a regulatory framework is essential for the industry's growth and stability. The director highlighted the need for clear rules to protect investors and ensure market integrity. He also mentioned that the absence of regulations could lead to increased risks and volatility in the crypto space. Overall, he called for a collaborative approach to develop effective policies for the evolving market.
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